Business

Sunday 25 September 2016

Kerrygold aiming to become a billion euro brand

Tom Pettigoe

Published 21/09/2016 | 02:30

Kerrygold's new production site, pictured, will initially employ 65 people and has been built with the capacity to produce up to 50,000 tonnes of butter a year.
Kerrygold's new production site, pictured, will initially employ 65 people and has been built with the capacity to produce up to 50,000 tonnes of butter a year.

Plans to drive retail sales of the Kerrygold brand over the €1bn mark moved a step closer last week with the opening of a new state-of-the-art Kerrygold butter production and packing facility in Mitchelstown, Co Cork.

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The €38m Kerrygold Park facility will have a capacity of up to 50,000 tonnes of butter per annum and will initially employ 65 people.

Kerrygold Park will have the capability to produce new butter products and formats not currently available in Ireland. Kerrygold Park will also house the 'Green to Gold' Customer Innovation Centre, which will be a key destination for international customer visits to Ireland.

Dairy brand

Commenting, Kevin Lane, Ornua CEO said: "Kerrygold Park is core to our ambitious plans to develop the Kerrygold brand from a butter brand to a dairy brand.

"Not only will the new facility significantly enhance our production, it also greatly improves our innovation capability and our ability to deliver premium dairy products to consumers around the world.

"This is the most effective way of securing value for Irish dairy farmers."

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